To see similar type of currency exchange variations (collapse?) we must look at failed states such as Zimbabwe. With an oil barrel for Venezuela floating between 60 and 70 USD what is Venezuela's excuse?

--- --- --- --- ---Added later, courtesy of AIO. The graph below shows that a country which economy depends in part on a commodity (Chile with Copper is the case of the graph below) has its currency value usually related to the price of that commodity. Thus with the sky high high oil prices, Venezuela currency should be much stronger than it is, not only in its stability but also in its value. Read comments for the AIO explanaition.

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